5 developers to watch in WA in 2021
Preparing to purchase an off-the-plan property is an exciting milestone for buyers – no matter what stage they’re at in their lives. So it’s essential buyers take the necessary time to choose a developer.
Knowing your developer and their projects is an important step to the buying process that you don’t want to skip.
Here, at Urban, we understand the difficultly of navigating through pages and pages of reviews on past projects – on top of the already exhausting task of searching for a home.
So, to help you, let us take a look at ten developers operating in Western Australia that you should keep an eye on when considering a home purchase in 2021.
1. Edge Visionary Living
Western Australia's award-winning apartment developer, Edge Visionary Living, is based in Perth and continues to deliver cutting-edge residential apartment design.
Design-led, the group focuses on delivering premium, well-located apartments in partnership with Hillam Architects, ensuring striking architectural design in every project.
As one to watch this year, Edge has many problems gearing up for completion, including two Floreat projects, Eden West and Eden East.
A premium selection of three and four-bedroom apartments, penthouses and two-storey private residences are still available at the luxury developments.
Following on from a successful year delivering Joondalup’s Arthouse Apartments, Urban expects big interest in the soon-to-be-completed Edge developments. Buyers are drawn to the residences’ functionality, utilisation of space and technology integration.
2. Norup + Wilson
Led by directors Dave Wilson and John Norup, Norup+Wilson have cemented their spot as an Urban must-watch on account of its high-end products, iconic design and unique approach to property development.
The boutique development, located in Perth, focuses on the ‘owner-occupier’ apartment market with mixed-use projects, design efficiency and luxury offerings.
With over $500 million on the books, Norup + Wilson have become one of the largest privately-owned property developers in Western Australia. Among their past works include the Precinct, which reached completion last year.
Offering apartment views spanning from Kings Park and the CBD to the converging Swan and Canning Rivers, the Precinct offers residents ten on-site restaurants, a resort-style pool and a residents’ lounge.
The group’s Scarborough development, the Beach Shack, is set to reach completion in the coming year, with over 70 per cent of apartments already sold to date.
3. Stirling Capital
The next developer to watch in Western Australia is Stirling Capital, having delivered more than $600 million worth of projects since their beginnings in 2005.
The private boutique investment and development group have numerous works in the pipelines, including One Hundred & Eight in Perth and Marina Village apartments, fronting Port Coogee’s main boulevard.
Stirling Capital is known for its environmentally sustainable developments, each with their own distinct character driven by location and the surrounding community.
One of their developments set to reach completion this year is Jolimont’s Treehouse, an exclusive retreat boasting 49 spacious apartments in Perth’s inner-west.
Designed by MJA Studio, the $42 million energy-efficient development spacious living areas, large balconies and tree-scaped views.
4. Cedar Woods
Established in Perth in 1987, Cedar Woods is now a leading national developer of residential communities. Thoughtful and well-designed projects remain core to their approach, with successful projects in Victoria, Western Australia, Queensland and South Australia.
With 14 quality Western Australian developments in progress and many lined up for 2021, this group is one to watch. Among these is the Brabham’s Ariella, Subiaco’s Incontro and Halls Head’s the Hamptons at Waterline.
Incontro, set to benefit from a $500 million revival of the Subiaco area, offers 41 contemporary three-bedroom townhomes, designed by DKO Architecture.
Cedar Woods boasts a long pipeline of quality projects across the four states, making them well-placed for the future. The group’s $230 million Jackson Green development in Melbourne’s Clayton South was named ‘Development of the Year – New Communities’ in The Urban Developer awards.
The group is also set to introduce the ‘Cedar Woods Developer Boost’ this year, Urban has been told. The group will make up the $15,000 difference of the HomeBuilder reduction on certain projects in its portfolio.
5. Finbar
With over 72 WA apartment developments delivered to date, Finbar has delivered over $3 billion worth of apartments since 1995.
Civic Heart
Focusing on medium to high-density residential apartments, the group’s projects have become synonymous with resort-style facilities, premium fixtures and contemporary design.
Construction is underway on various Finbar developments, including South Perth’s Civic Heart and Dianella Apartments and projects The Point and AT238 are expected to launch over the coming year.
Concerto
In 2021, Urban expects Finbar to replicate the success of its Reva Apartments sell-out across its new projects, including Concerto which has just two two-bedroom apartments remaining on the 11th and 14th floors.